5949 Atlantic Ave

Long Beach, CA 90805
  • $879,000

    Price
  • 2

    Bed
  • 3

    Bath
  • 2,700

    SqFt
  • 0.11

    Acre

About the Listing PB16299 - PREESDEN

Excellent Investment Opportunity – Triplex with ADU Potential! Welcome to this versatile triplex with ADU potential, ideally situated in a highly desirable rental area. This property presents an excellent opportunity for investors seeking to expand their portfolio or owner-occupants looking for rental income to offset costs. The front of the property features a very spacious, updated barbershop with modern finishes and a big screen TV, creating an inviting and contemporary space. Toward the rear of the building are two one-bedroom units, both featuring select upgrades and offering additional rental income potential. Adding more value is a large two-car garage with high ceilings, presenting exciting potential for a future ADU. In addition, the property offers four parking spaces, adding convenience and always a valuable commodity. With new construction homes just one block away, this property presents an investment opportunity in a neighborhood experiencing continued development. Conveniently located, it is minutes from Bixby Knolls, Trader Joe’s, shopping, parks, and easy freeway access. With existing rental income, ample parking, and the potential to further maximize the property’s value, this triplex offers flexibility and exciting possibilities and is a great opportunity for both investors and owner-occupants seeking long-term growth.

Listing Highlights for 5949 Atlantic Ave

Status Active
Days on Site 0
Property Type Multi-Family
MLS ® PW26218245
Year Built 1959
Total Square Footage 2,700
Lot/Acreage 0.11

Interior Details

  • Bedrooms: 2
  • Bathrooms: 3 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Near Park,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 6
  • Roof:
  • Others: 2+ Total Units,Has ADU
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 7125034022
  • Tax Year: N/A

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Listing Location

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5949 Atlantic Ave Long Beach, CA 90805

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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